Baytex Energy Trust reports year-end 2009 reserves
Baytex Energy Trust (TSX:BTE.UN)(NYSE:BTE) reported the company’s year-end 2009 reserves as evaluated by Sproule Associates Limited the independent reserves evaluator for all of Baytex’s oil and gas properties, in accordance with National Instrument 51-101.
The press release is quoted as saying:
Our year-end 2009 report reflects continued growth in our heavy oil reserves to 145 million barrels of proved plus probable reserves, an increase of 18% over 2008, and 97 million barrels of proved reserves, an increase of 12% over 2008.
Click here to access the entire press release
Click here to access Baytex Energy Trust Corporate Site
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Mon, Feb 22, 2010
Oil and Gas Researcher